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Sphere 3D to Announce First Quarter 2022 Earnings on May 16, 2022, and Shares Content of Updated Earnings Announcement
TORONTO--(BUSINESS WIRE)-- Sphere 3D Corp. (Nasdaq: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining
About this update from Sphere 3d Corp.
[{"type":"text","content":" TORONTO--(BUSINESS WIRE)--\nSphere 3D Corp. (Nasdaq: ANY) (\"Sphere 3D\" or the \"Company\"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today announced its plans to release financial results for the first quarter 2022 on Monday, May 16, 2022, after market close. A copy of the Company's news release will be available on the Sphere 3D website at www.sphere3d.com.\n\nSphere 3D will expand the content of its earnings release to share additional information with its shareholders. The upcoming news release will include the following:\n\n\nFirst-quarter financial results\n\n\nCEO comments\n\n\nBitcoin production and holdings update\n\n\nBitcoin miners delivery update\n\n\nMerger termination insights\n\n\nSphere 3D will begin providing an unaudited Bitcoin Production and Holdings Update monthly and as part of its quarterly results reporting, starting with the first quarter earnings announcement on May 16, 2022. Reports will be available on the Company's website, www.sphere3d.com. To stay up to date on the latest news from Sphere 3D, shareholders can sign up for e-mail alerts on the Company's investor relations web page. Sphere 3D will not host an earnings conference call for the first quarter of 2022.\n\nAbout Sphere 3D\n\nSphere 3D Corp. (Nasdaq: ANY) is a net carbon-neutral cryptocurrency miner with decades of proven enterprise data-services expertise. The Company is rapidly growing its industrial-scale mining operation through the capital-efficient procurement of next-generation mining equipment and is partnering with best-in-class data center operators. Sphere 3D has ~6.0 EH/s of capacity under contract for deliveries this year. Currently, the Company has approximately 1,000 S19j Pro miners (~0.10 exahash) operating. It expects delivery of 4,000 more miners (~0.40 exahash) during the second quarter of 2022 and 55,000 S19j Pro miners (~5.50 exahash) by year-end 2022. These projections do not include any mining equipment that may, at Sphere 3D’s option, be acquired pursuant to Sphere 3D’s agreement with NuMiner Global Inc. Sphere 3D is dedicated to growing shareholder value while honoring its commitment to strict environmental, social, and governance standards. For more information about the Company, please visit Sphere3D.com.\n\nForward-Looking Statements\n\nThis commun...